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RBI has released a job vacancy with a salary of ₹2.25 lakh, know who can apply and what is the last date

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The Government of India has released a vacancy for the post of Deputy Governor of the Reserve Bank of India i.e. RBI. Applications have been invited for this post by the Ministry of Finance.

The Government of India has released a vacancy for the post of Deputy Governor of the Reserve Bank of India i.e. RBI. Applications have been invited for this post by the Ministry of Finance. This appointment will be in place of Deputy Governor Michael Devavrata Patra. Let us tell you that his tenure has already been extended and that too is ending on 14 January 2025.

This post of Deputy Governor of the Reserve Bank of India is for economists. The selected candidate will oversee the Monetary Policy Department and will also be a member of the rate-setting committee 'Monetary Policy Committee'. This appointment will be for 3 years and after that, if the need is felt, the candidate can be appointed again by extending the tenure. Nobody can apply for this vacancy for such a big post in the Reserve Bank of India, some qualifications are necessary for it.

Who can apply for this post?

To apply for this post, the candidate should have at least 25 years of experience in public administration including experience as Secretary or at the same level in the Government of India. If this is not there, then there should be at least 25 years of experience working in any Indian or international public financial institution. Apart from this, the age of the candidate should not be more than 60 years by 15 January 2025.

Salary of Rs 2.25 lakh

This post will get a salary of Rs 2.25 lakh (Level-17). Any candidate who meets all the qualifications can submit his application to the Department of Financial Services, Ministry of Finance by 30 November 2024. Let us tell you that there are 4 deputy governors in the central bank. An economist, a commercial banker, and two people are taken from the bank to oversee the monetary policy department.

How to apply?

To apply for this post, you have to fill out the application form completely. Along with this, you have to attach your CV and a passport-size photo. Not only this, you will also have to give the names of 3 references and their contact details. According to the information given in the notice, you will get the format of the application on https://financialservices.gov.in/ and https://rbi.org.in/. You have to send all this to the address given below.

Shri Sanjay Kumar Mishra
Under Secretary (BO.II)
Department of Financial Services
Ministry of Finance, 2nd Floor
Jeevan Deep Bhawan, Sansad Marg
New Delhi- 110001
Phone- 011-23747189
Email- bo1@nic.in

Keep this in mind

The notice said, "It is worth noting that the Financial Sector Regulatory Appointment Search Committee (FSRASC) is free to identify and recommend any other person on the basis of merit, who has not applied for the post. The committee may also recommend relaxation in eligibility and qualification/experience criteria in respect of excellent candidates."

The FSRASC is headed by the Cabinet Secretary. Other members of the committee include the Secretary of the Department of Financial Services, the RBI Governor and three external experts. Patra was first appointed as Deputy Governor in January 2020 for a term of three years. Later he was given an extension of one year twice.